Upstream news

The board of Caspian Sunrise has provided an update on developments at its flagship BNG Contract Area.

Rystad Energy, the independent energy research and consultancy, has analysed the historic investments and oilfield service purchases of the world’s 50 000 oil and gas fields.

ExxonMobil has said that it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals.

Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.

This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.

IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time.

The BRX4Z sidetrack at Angus Energy’s Brockham well site has been successfully re-perforated.

The industry body said that the revisions to the Bureau of Safety and Environmental Enforcement Well Control Rule promote safe offshore operations.

An Ampelmann A-type system has been mobilised on the Harvey Blue Sea vessel, owned by Harvey Gulf, and will operate for 120 days.

The two companies' joint venture covers two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.